The absence of any diplomatic engagement with North Korea during the past four years has resulted in a more belligerent North ...

The combination of valuable natural resources and economic wealth of North and South Korea could mean a major new economic power if Korean unification ever takes place.

South Korea’s top economic think tank on Tuesday slashed its growth forecast for the country’s economy for the second time in ...

The Times also says the Bank's alert is a setback for Reeves as it says there was a warning of a new squeeze on living standards. The Bank cut interest rates to 4.5% as it attempts to stimulate the ...

The economic expansion in the fourth quarter also came far below the earlier forecast by the Bank of Korea (BOK) as political turmoil sparked by President Yoon Suk Yeol's shocking martial law ...

South Korea’s economy continued to sputter last quarter after President Yoon Suk Yeol’s short-lived declaration of martial law battered consumer confidence just as businesses and policymakers ...

South Korea's economy expanded at a weaker-than-expected pace of 2.0% in 2024 after lackluster growth in the fourth quarter amid weak consumer and business spending, bolstering the case for the ...

(Bloomberg) -- South Korea’s economy continued to sputter last quarter after President Yoon Suk Yeol’s short-lived declaration of martial law battered consumer confidence just as businesses and ...

South Korea’s economy expanded at a weaker-than-expected pace of 2.0% in 2024 after lackluster growth in the fourth quarter amid weak consumer and business spending, bolstering the case for the ...

South Korea's economy expanded 1.2% year on year in the fourth quarter, its slowest expansion since the second quarter of 2023. The 1.2% reading missed analysts' expectations of 1.4% growth.

SEOUL (Reuters) -South Korea's economy barely grew in the fourth quarter of 2024, as the country's worst political crisis in decades hurts already weakened domestic demand and threatens to further ...